Covergence
Latest round
- Series D
Last raised
- Nov 2007
Total raised
- $31M
Investors
- 3
About Covergence
Founded in 2003 in Maynard, US, Covergence specializes in domain name transactions.8 mn on April 30, 2009.com specializes in the online sale and leasing of domain names, focusing on simplifying the transfer process for customers.com, available for a one-time purchase price of USD 3,960, as well as a Lease to Own option priced at USD 99 per month. This dual approach caters to a diverse client base, including businesses, entrepreneurs, and individuals seeking to establish an online presence. The company's services emphasize secure payments, fast transaction processing, and free transaction support, ensuring a user-friendly experience.com is primarily based on domain sales and leasing transactions. Customers can either purchase domain names outright or opt for the Lease to Own structure, which allows for monthly payments.com could either pay the full amount of USD 3,960 upfront or choose the leasing option, resulting in a monthly transaction of USD 99.com to engage directly with consumers and small to medium-sized enterprises, effectively serving both B2C and B2B markets. The company emphasizes secure transactions and hassle-free payment processes, which contribute to customer satisfaction and potentially increased repeat business. New product offerings are being developed to streamline domain leasing processes, with anticipated launches in the next fiscal year. Furthermore, the company aims to expand its market reach beyond the US, targeting Europe and Asia by the end of 2010, to tap into growing demand for online domain services. The strategic focus will be on enhancing user experience and increasing transaction efficiency.
Who invested in Covergence
3 investors across 3 rounds
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Questions about Covergence
Who invested in Covergence?
Covergence has 3 investors on record across 3 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Covergence raised?
Covergence has raised 3 venture rounds. Sign up free to see how much each round raised and the total.
When did Covergence last raise money?
Covergence's most recent round on record is a Series D, in Nov 2007.
What does Covergence do?
Founded in 2003 in Maynard, US, Covergence specializes in domain name transactions.
Where is Covergence headquartered?
Covergence is headquartered in Maynard, US.
Which VCs invest in companies like Covergence?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Covergence's stage. Their profiles are linked below.
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